New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-05-06
1T Is SIDNEY DILLON'S PET.
HOW HE REGARDS THE UNION PACIFIC.
THE NECESSITY OF BUILDING BRANCH ROADS
urAnY To RuY THEM BACK.

HOW HE REGARDS THE UNION PACIFIC.
THE NECESSITY OF BUILDING BRANCH ROADS
READY TO Buy THEM BACK.
In continuing their investigation Of the Union Pacific
Railroads affairs yesterday the Government Railroad
Commissioners examined three witnesses, Aremus d.
Holmes aud ex-Judge John T. Dontwo of the companys
counsel, and sidney Dillon expresdent OF the company
Mr. Holiness examination, which was begun on "eunos
day. lasted throughout the morning session Judse LII
Ions comfortably brief but that OF his uncle oo up
the greater part the afternoon and though the nten
fion Of the commission was evidently to restrct TO Ger
tain lines the veteran railroader was allowed to give
testimony OF q general character regarding the roao
and his relations with 1t In the course
of his examination In reference TO the release OF the
Denver Pacific stock security for the consolidated
mortgage Mr.. Holmes declared that he never had any
communication with Judge Donohue regarding the case,
except in open court aud in perfectly proper manner.
Commissioner Anderson called his attention TO certain
alterations and that appear In the Judgment
of the case The witness denied that they were mace ny
him and expressed himself unable TO give any resoh
why such changes had made except that he though
the subtItuted answer was probably the correct one
Then after some further testimony about the consohua
ton of the Union Pacific and the Kansas fhciho
and other matters connected with IT, MI. hoines
was dismissed with compliment by Commissioner Lt
tier and Judge Dillon took the stand lie toid now
he came here in 1879 in response to an offer that had
After Cooking over the ground he decided that 1t
would not pay him leave his law practice In the West
ana he was about home when his uncle sidney
Dillon then at the mead OF the union faclhc'
obtained his appointment rs counsel for the ne ana ne
accepted places He has since acted as counsel Tor
the Missouri Pacific but the personal counsel OF
Mr. Gould He prepared the Uniou Pacific Consolidation
articles but could not recolect just when he dd so or
whether Mr. Could Mr. Dillon had or had not stock In
the Denver Pacific az the tine Gt o. Pssae He
was also examined in relation to the suit Drought 10
no,hiae partcuIary new was developed from his test
Inony about It. No notice was given the government
We're afterward admitted and sustain the same re-
atons consolidated road as they formerly dd 10 the
Sidney Dillon was accompanied by his private seere
tary. Mr. Ham, whose assistance was 1equehy %
in the course of the examination Tor MI; DiliOns
memory proved exceedingly treacherous. ION, don't
ask me anything about dates OF a ne
cal questions, and shall feel greatly Obliged TO yo
otSe ps Subjects as we'll He had actually forgotten that
he was sti president Of the Kansas Pacific until his
these topics his mind was perfectly clear when he
to discuss the Union Pacific broadly n ana 'he
s .nsss with the all great ne of YOUNG
His relations with the road began ne s ssc,dd I'D
sdrecor in 1866 made president IN hoa ana aed qua.
@ ten IN the s he
dent Of the Kansas Pacific at the time OF me consod
referred to the bitter fight between the Kansas Pacific
and the Union about the question Of prorang through
Kansas Pacific securities went away down. He bought
some at six the dollar and others got them even
lower Commissioner Anderson began 10 question MN
about the famous Kansas Pacific pool
Pooli pooli" said the witness; why never heard
the word pool mentioned so much as have mere All
there about it, we bought securities ana put them
Who attended to the pool and rendered account OF
what realized from IL g. asked the commissioner
never he ird that anything realized, replied
the Witness at least any money though suppose we
81. r,.,ox pootac md tha Jouis narfies' infer
ests were represented In the pool but gradually the
ormer obtained control as one after another OF the 81
Louis people sold Previous to the consolidation The
witness owned shares of Kansas Pacific stock and
he voted as trustee on the S9,9S6 shares OF Denver
When asked about disposition that made of these
that they went into the treasury Union Pacific and
the of them were devoted 70 building branches
and buying securities of the road On being questioned
closely on this point he fired up and said:
win md out before yop get hrOnsh this investigation
interest in the Denver Pacdc consolidation as
ali events hope you will.
Continuing he said he could not remember whether he
suggested the idea of releasing the Denver Pacific stock
itted that arrangements had been made for dsposng
of the stock to the Union Pacific as soon as IT, was per
the 80 9s6 shares were not worth over S3OOOOoo any
Pacific for So, s96, 600 He did So he explained. be-
the Union Pacific and it only this road that could
make 1t valuable. He continued:
absolutely worthless to the Kansas Pacific except
name ns On The Sae the then It all right
he will pay That the with US; the Union
Pacific other and value The Union
Pacific the trustees than they could have got ION
any one else.
After some further questioning this matter, Mr.
Dillon said that he would like TO say few words in
general way and hoped the reporters would not take IL
down. adding with smile There has been enough put
down already here to-day"
Permission granted him and for nearly half
an the venerable witness talked about Pachc rail-
roads in a vigorous and interesting way. He said:
was the inventor Pachcs branch lines
am responsible trouble that they have caused Yes
locomotive roll country the Old Albany and schen
ecady I've been airOadng The best OF my life
have been spent in the service of the Union
Pacific. / saw the necessity of branch roads.
them they said the laws would not allow it. told them
build the Union Pacific would be like ppleiree
We finally built tributary lines and am
Of the fact and THINK Sancs, STs
the road three million dollars worth
OF business directly yearly besidee much indirectly
In the interests the Government Instead Of taking
out them branches and had
still should have been better OIL TO-
day.
He was proud, he added, that he signed for the Credit
Mobier II the Government would treat the Union
Pacific as IL did other roadsthat is let IL build branches
there doub: that 1t would every dollar II
owed II the Government feels dissatisfied with the
branch lines, he satd he would take them all off It's
hands at cost aud put up the money In thirty days IN
always in debt If can make money out OF It,, ne
said in conclusion
The examination will be resumed this morning.
DUNE APOLOGIES TO MR. MACMILLAN